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Definition of Women Entrepreneurs and Challenges They Face
1.
2.
3. Definition:
The Webster’s says “One who
creates a product on his own account”.
In Peter F.Drucker’s view, an
entrepreneur is one who always
searches for change, response to it
positively and exploits its as an
opportunity.
4. Women Entrepreneurs
Women Entrepreneurs may be defined as the
women or a group of women who initiate, organize and
operate a business enterprise.
The Government of India has defined women entrepreneurs as:
“an enterprise owned and controlled by women having a
minimum financial interest of 51 per cent of the capital
and giving at least 51 per cent of the employment
generated in the enterprise to women”.
5. Women Entrepreneurs
• A woman is a change-agent. She can feed her
family. Build her business. Raise her kids.
Employ her neighbors. She can provide
opportunities for her children and her entire
community. A woman is powerful and full of
often-untapped potential. A woman can change
the world. But first, she needs to be given an
opportunity.
• https://us.opportunity.org/project/invest-in-women
6.
7. Problems faced by Women
Entrepreneurs in India
• Family ties
• Male dominated society
• Social barriers
• Problem of finance
• Tough competitions
• Exploitation of middle men
8. • Low risk-bearing capacity
• Limited mobility
• Lack of entrepreneurial aptitude
• Limited managerial ability
• Legal formalities
• Lack of self confidence
• Lack of education
9. Finance
Finance is needed to start-up any
operation and in India women do not
generally have property to use as
collateral for obtaining funds from banks.
Males control society: Women are
generally considered as ‘abla’ or weak in
all respects. Indian society is male
dominated and women business owners
are frowned upon.
10.
11. Education
In India the vast majority of women are
still illiterate and thus un motivated.
Consequently, most women are not aware
of business opportunities that may exist.
Very volatile market conditions are also
not easily seen due to lack of education.
Lack of confidence: Many women feel
insecure and thus lack confidence in their
own abilities as potential entrepreneurs.